Plan Snapshot
- Plan Sponsor: Storm Manufacturing, INC.
- Sponsor EIN: 621485943
- Sponsor Address: 240 INDUSTRIAL PARK LANE, DECATUR, TN, 37322
- Plan Type: 401(k)
- Total Participants: 213
- Total Assets: $6.5M
Key Plan Design Features
- Auto-Enrollment: No
- Auto-Escalation: No
- Allows Roth Contributions: Yes
- Participant Loans: No
- Participant-Directed Investments: Yes
- ERISA Section 404(c) Fiduciary Safe Harbor: Yes
Plan Financials by Year
| Year | Participants | Total Assets | Employer Contrib. | Employee Contrib. |
|---|---|---|---|---|
| 2024 | 213 | $6.5M | $287,055 | $554,413 |
| 2023 | 226 | $5.4M | $253,640 | $483,823 |
| 2022 | 255 | $4.5M | $271,364 | $518,343 |
Service Providers (Schedule C)
Vendors paid $5,000 or more for services to the plan, ranked by total compensation (direct + indirect fees).
| Provider Name | Role | Direct Compensation | Indirect Compensation | Total Fees |
|---|---|---|---|---|
| COULTER & JUSTUS, P.C. | Auditor | — | — | $0 |
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $0
Historical Administrative Expenses
Breakdown of administrative expense categories reported on Form 5500 filings.
| Year | Total Admin Expenses | Investment Mgmt Fees | Contract Admin Fees | IQPA Audit Fees | Professional Fees |
|---|---|---|---|---|---|
| 2024 | $38,392 | $11,892 | $21,369 | — | — |
| 2023 | $39,791 | $7,091 | $26,732 | — | — |
| 2022 | $40,250 | $4,560 | $34,733 | — | $957 |